The fuel prices in Nagaland will witness a hike as the state government on Wednesday decided to raise tax on diesel, petrol and other motor spirits.
The additional chief secretary and finance commissioner, Sentiyanger Aier, in a notification, said the government has decided to enhance the rate of tax on diesel from existing 14.5% to 17.50% or Rs 11.08 per litre, whichever is higher.
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The state government has also decided to enhance the rate of tax on petrol and other motor spirits from the existing 25% to 29.80% or Rs 18.26 per litre, whichever is higher.
The hike will be implemented in Nagaland with effect from midnight on Wednesday.
“In exercise of power conferred by sub section 3 of Section 3A of the Nagaland (Sale of Petroleum and Petroleum Products including Motor Spirit and Lubricants) Taxation Act, 1967 (as amended), the Governor of Nagaland is pleased to notify the rate of tax as prescribed under Entry Serial Number 3 and 4 of Schedule II of the Act,” the notification said.
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